On the Utility Consistency of Poverty Lines

Although poverty lines are widely used as deflators for inter-group welfare comparisons, their internal consistency is rarely given close scrutiny. A priori considerations suggest that commonly used methods cannot be relied on to yield poverty line...

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Bibliographic Details
Main Authors:	Ravallion, Martin, Lokshin, Michael
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2014
Subjects:	POVERTY LINES POVERTY MEASUREMENT SOCIAL DEVELOPMENT WELFARE COMPARISONS
Online Access:	http://documents.worldbank.org/curated/en/2003/10/2778759/utility-consistency-poverty-lines http://hdl.handle.net/10986/18051

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spelling	okr-10986-180512021-04-23T14:03:41Z On the Utility Consistency of Poverty Lines Ravallion, Martin Lokshin, Michael POVERTY LINES POVERTY MEASUREMENT SOCIAL DEVELOPMENT WELFARE COMPARISONS Although poverty lines are widely used as deflators for inter-group welfare comparisons, their internal consistency is rarely given close scrutiny. A priori considerations suggest that commonly used methods cannot be relied on to yield poverty lines that are consistent in terms of utility, or for capabilities more generally. The theory of revealed preference offers testable implications of utility consistency for "poverty baskets" under homogeneous preferences. A case study of Russia's official poverty lines reveals numerous violations of revealed preference criteria-violations that are not solely attributable to heterogeneity in preferences associated with climatic differences. 2014-04-25T16:18:11Z 2014-04-25T16:18:11Z 2003-10 http://documents.worldbank.org/curated/en/2003/10/2778759/utility-consistency-poverty-lines http://hdl.handle.net/10986/18051 English en_US Policy Research Working Paper;No. 3157 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Europe and Central Asia Russian Federation
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	POVERTY LINES POVERTY MEASUREMENT SOCIAL DEVELOPMENT WELFARE COMPARISONS
spellingShingle	POVERTY LINES POVERTY MEASUREMENT SOCIAL DEVELOPMENT WELFARE COMPARISONS Ravallion, Martin Lokshin, Michael On the Utility Consistency of Poverty Lines
geographic_facet	Europe and Central Asia Russian Federation
relation	Policy Research Working Paper;No. 3157
description	Although poverty lines are widely used as deflators for inter-group welfare comparisons, their internal consistency is rarely given close scrutiny. A priori considerations suggest that commonly used methods cannot be relied on to yield poverty lines that are consistent in terms of utility, or for capabilities more generally. The theory of revealed preference offers testable implications of utility consistency for "poverty baskets" under homogeneous preferences. A case study of Russia's official poverty lines reveals numerous violations of revealed preference criteria-violations that are not solely attributable to heterogeneity in preferences associated with climatic differences.
format	Publications & Research :: Policy Research Working Paper
author	Ravallion, Martin Lokshin, Michael
author_facet	Ravallion, Martin Lokshin, Michael
author_sort	Ravallion, Martin
title	On the Utility Consistency of Poverty Lines
title_short	On the Utility Consistency of Poverty Lines
title_full	On the Utility Consistency of Poverty Lines
title_fullStr	On the Utility Consistency of Poverty Lines
title_full_unstemmed	On the Utility Consistency of Poverty Lines
title_sort	on the utility consistency of poverty lines
publisher	World Bank, Washington, DC
publishDate	2014
url	http://documents.worldbank.org/curated/en/2003/10/2778759/utility-consistency-poverty-lines http://hdl.handle.net/10986/18051
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On the Utility Consistency of Poverty Lines

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